Strategy Report
Elevated Cash Balances May Not Be A Big Deal
Households have ramped up their cash holdings since the end of 2019, but the absence of an empirical link between cash and consumption leads us to believe that we’ve modestly overestimated the risk of consumer-driven overheating.
Interested in reading this report?
To access the full BCA Research report, request a complimentary copy
BCA Research | US Investment Strategy
Insight into the future direction of financial markets
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.